Our Mission is to further the objectives of the European Union by making long-term finance available for sound investment.
The EIB Group promotes Corporate Responsibility through its mission and activities in the service of the European Union, through the way it implements these and through its internal management.
The EIB attaches great importance to engaging with civil society and building cooperative relations with its representatives.
The EIB is active both inside and outside the European Union. About 90 percent of its lending is going to projects located in the EU countries to support the continued development and integration of the Union. In 2010, the EIB’s lending totalled EUR 72bn, of which EUR 63bn in the European Union and EUR 9bn outside.
The focus of the EIB’s lending in the EU in 2010 was on supporting economic growth and jobs and on climate action. Supporting economic growth and jobs has meant helping the convergence regions, supporting small and medium-sized enterprises, building the infrastructure of the internal market, driving innovation, and ensuring secure and competitive energy supplies.
In the convergence regions, the Bank lent EUR 26bn or 41% of the total lending in the EU. Credit lines to intermediary banks for on-lending to SMEs amounted to EUR 10bn. More than 60 000 SMEs across Europe benefited from better conditions and easier access to finance through EIB funding.
As to climate action, in 2010, nearly 30 percent of the lending volume in the EU was related to projects significantly contributing to the reduction of green house gas emissions. The projects financed concern mainly renewable energy and energy efficiency, carbon finance and sustainable cities. In 2011, the EIB will pursue these strategic objectives in support of the EU policy agenda.
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